AcelRx Pharmaceuticals: 3Q Earnings Snapshot
REDWOOD CITY, Calif. (AP) _ AcelRx Pharmaceuticals Inc. (ACRX) on Friday reported a loss of $12.5 million in its third quarter.
On a per-share basis, the Redwood City, California-based company said it had a loss of 21 cents.
The results did not meet Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for a loss of 20 cents per share.
The drugmaker posted revenue of $377,000 in the period.
In the final minutes of trading on Friday, the company's shares hit $4.78. A year ago, they were trading at $2.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ACRX at https://www.